Implementing Resolution 68-NQ/TW of the Politburo on developing the private economy, An Giang emphasizes the importance of promoting administrative reform as a key task. The province will strongly innovate administrative thinking from control to companionship, considering enterprises as "service" objects; strictly prohibiting the abuse of administrative decisions, the "ask - give" mechanism, and acts of local protection of sectors and localities in the development and organization of implementation of policies and laws. Unifying in policy implementation, not discriminating between private enterprises and state-owned enterprises, FDI enterprises (enterprises with foreign direct investment) in mobilizing, allocating and using capital resources, land, resources, assets, technology, human resources, data and other resources...
At the same time, the province improves the quality of online public services and digital services for people and businesses, aiming to provide comprehensive, personalized and data-based online public services to better meet the needs of serving people and businesses. Strongly deploy the provision of public services for businesses regardless of administrative boundaries; reduce and simplify administrative procedures related to production and business activities. Dialogue to remove difficulties for businesses investing in construction projects in the area.
Creating momentum for private economic development
Chairman of the An Giang Provincial People's Committee Ho Van Mung said that, based on the policies, instructions and specific mechanisms of the Central Government, the province will focus on removing legal obstacles to handle projects and contracts that have been pending for many years, causing loss and waste of social resources, hindering the development of private enterprises, slowing down the socio-economic development of the province, ensuring the implementation of contracts of the private sector... Along with that, resolutely fighting against counterfeit, fake, smuggled goods, and copyright infringement to protect the legitimate rights and interests of enterprises and business households in accordance with the law.
According to the Chairman of the Provincial People's Committee, to increase opportunities for private enterprises to access land and production and business premises, the province will facilitate private enterprises to access resources of land, capital and high-quality human resources. Timely publicize land use planning and plans; submit to the Provincial People's Council to promulgate mechanisms and policies to encourage, provide incentives and support investment in infrastructure of industrial parks, industrial clusters, and functional areas of border economic zones under the local authority, meeting the demand for industrial production and business premises, promoting investment attraction. Make the most of resources to promote the socio-economic development of the province.
Along with that, diversifying capital sources for the private sector. In the face of fluctuations in the global market, the need for capital to expand production, optimize the supply chain and develop the rice industry is becoming increasingly necessary. Understanding that, the Bank for Agriculture and Rural Development (Agribank) has stepped up the supply of credit capital for rice production and business, promptly meeting the capital needs of people and businesses with appropriate loan limits and terms for purchasing, storing, processing, domestic consumption and exporting rice. Expanding medium and long-term credit to customers who meet the loan conditions according to regulations to invest in warehouses, factories, processing machinery and equipment, etc.
Saigon - Hanoi Bank (SHB) has implemented a comprehensive financial solution for enterprises operating in the rice sector. The solution focuses on capital financing, helping to ensure cash flow throughout the entire production and business chain, from purchasing raw materials, temporary storage to export, flexible financial solutions, helping enterprises to be proactive in production, stabilize supply and make the most of business opportunities. SHB provides credit up to 100% of invoice value, helping enterprises accelerate capital turnover, maintain stable cash flow and be proactive in business activities; providing a variety of loan packages suitable for each financial need, such as: working capital, temporary storage of rice, pre-shipment financing, export financing, etc.
In order for the private sector to break through and become a "pillar", one of the important issues is to help increase access to capital for businesses to develop. However, the problem of accessing credit capital is always a challenge. Director of VietABank An Giang Branch (VietABank An Giang) Truong Hoang Tuan proposed that in order to fully exploit the potential of the private sector, in addition to policies on bank capital, it is necessary to quickly restructure the capital market, along with freeing up resources through institutional reform. Businesses need to proactively make their cash flows transparent, improve their management capacity, and come up with feasible business plans to easily access credit capital.
Source: https://baoangiang.com.vn/an-giang-phat-trien-kinh-te-tu-nhan-a423182.html
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